Lincoln Car Insurance
You need Lincoln car insurance to stay safe on the roadways. You can begin your search for Lincoln car insurance online and compare several companies at once. You should start your search for Lincoln vehicle insurance at least one month before your current policy ends.
Lincoln is a branch of the Ford Motor Company. It is the American automakers luxury line of vehicles that include the Lincoln Continental, Navigator, Town Car and MKS. Lincoln cars are offered in the United States, Canada, Mexico, Puerto Rico, Guam, South Korea, the Middle East and more. It also has a long history of providing official state limousines for the President of the United States.
Lincoln was founded by Henry M. Leland in 1917 and was purchased by the Ford Motor Company in 1922. Their headquarters are in Dearborn, Michigan. Leland named his brand of cars after his longtime hero Abraham Lincoln, former president of the United States. The company started out as the Lincoln Motor Company building aircraft engines. After World War I, he started manufacture luxury cars. When it was purchased in 1992, Ford saw it as a personal triumph because he was forced out of another venture by Leland. It was quick to become one of America's top selling luxury brands. After the take over and reduced prices sales increased dramatically.
Lincoln was one of the Premier Automotive Group brands until 2002, but is now being remarketed since it fell behind Japanese, European and other American competitors. Nevertheless, it is still being productive for Ford Company by being able to bring new models to market faster by sharing parts and platforms with other Ford divisions. They are also working on new models of Lincolns to come out in the next few years, but instead of featuring traditional names, they are starting a MX series. You can still purchase a new or used Lincoln model today and find cheap Lincoln car insurance for it by searching online.
Understand Your Coverage Options
Lincoln car insurance is mandatory in most states in North America. Starting with the state minimum Lincoln auto insurance requirements is the best way to build up your coverage. You want to figure out what your state requires and how they find fault for an accident. Some states use a no-fault system, which means all drivers are held financially responsible for the car accident. Other states use a tort system, which finds one driver to be responsible for the accident and then in turn that person's Lincoln vehicle insurance is charged. Below are two examples of varying requirements using a no-fault or tort system.
The state of Kansas uses the no-fault system for its Lincoln automobile insurance. It requires drivers to carry $25,000 per person and up to $50,000 per accident in bodily injury liability and $10,000 in property damage liability. Bodily injury liability covers medical costs and loss of wages for the driver and/or occupants of the other car. Property damage liability covers repair costs to structures damaged in a car accident like a house or commercial business. They also require a driver to have $25,000 per person and up to $50,000 in uninsured/underinsured motorist bodily injury and $4,500 in personal injury protection. Personal injury protection pays for "reasonable and necessary" medical expenses for you and your passengers .
The state of Texas uses the tort system for its Lincoln car insurance mandates. It requires a driver to have $25,000 per person and up to $50,000 per accident in bodily injury liability and $25,000 in property damage liability. Usually states using a tort system require less insurance.
Liability coverage is surely the cheapest option for Lincoln car insurance, but that does not mean it is the best option. If you are driving a used car then perhaps it is, but you want to research coverage to understand which package works for you. You do not want to pay for coverage you will never use, but you also want to protect yourself against out of pocket expenses. In tort states, liability insurance can only be applied if you are found to be at fault for the car accident. In addition, the most basic of liability coverage only handles costs and repairs to the other person's vehicle, not your own. Additional insurance is a good option to at least look at. Also, if your car is still being financed you will more than likely to have to purchase a combination of additional insurance to meet your lender requirements .
Collision handles costs related to repair or replacement of a car because it was involved in a car accident. The initial sticker price for the car will affect the premium rate for your Lincoln automobile insurance, but if the car is totaled you will only be reimbursed the blue book value. Comprehensive coverage has a little more range in what it will pay for. If your car is damaged by weather, fire, auto theft or vandalism then this type of coverage will help with repair and replacement costs. It can also be extended to cover rental reimbursement or broken windows. Underinsured/uninsured motorist protection is a very helpful type of insurance. Even though having Lincoln auto insurance is required by law, there are still some drivers who do not have adequate coverage for their car. If you are involved in an accident with this type of driver, you will have to pay your own costs, unless you have this type of car insurance.
Lower Your Premium
The type of coverage you have will help determine how low your Lincoln car insurance premium rate will be. If you do not want to skimp on the coverage, there are a few ways to help lower your premium rate. A driver's age, gender, location, marital status and even education level are a few of the factors used to determine a premium. The safer driver you are, the lower your premium is. Younger drivers are seen as unsafe drivers. So if you are a teenage driver you may want to either stick with liability insurance or see about getting a separate policy from your parents so their premiums will not skyrocket. If you are a good student, you may also be eligible for a discount on your insurance. You should research your Lincoln car insurance company to see what types of discounts they give out.
Taking a defensive driving course or driver's education class can help drivers who need to clean up their driving record. Having a clean driving record is a sure way of having a low premium. You can also combine your insurance policies, i.e. home and auto, to receive a better overall rate. You could put multiple cars on one policy to receive a lower premium. Alternatively, you could increase your deductible. This may increase your out of pocket expense a little, but could save you more money in the end.
By looking online, you can compare and contrast coverage options from hundreds of different Lincoln car insurance providers. You can look at their customer service standing and research how they handle claims. The more aware you are of available discounts, the better chance you will have of actually taking advantage of them.